Business - Page 4
Stay up to date with the latest Business updates from the global nuclear engineering international industry
Enel and newcleo partner on Generation IV reactors
Italy’s Enel Group and UK-based nuclear technology company newcleo have signed a cooperation agreement to jointly work on newcleo’s Generation IV nuclear technology projects. Enel...
Vistra acquires Energy Harbor's nuclear and retail businesses
US power company Vistra has finalised an agreement to acquire Energy Harbor Corp, which will merge into a newly-formed subsidiary of Vistra – Vistra Vision. This will combine...
Belarus strengthens co-operation with Russia’s TVEL
Following a series of high-level meetings in Minsk, the Belarus Ministry of Energy and Rosatom’s fuel company TVEL signed a number of agreements strengthening co-operation on the...
Poland’s Industria selects Rolls-Royce SMR for green energy projects
Polish industrial group Industria has signed a memorandum of intent (MOI) with Rolls-Royce SMR to deploy small modular reactors (SMRs) in Poland. Government-owned Industria, as part...
Cameco signs major uranium supply deal with Ukraine
Ukrainian nuclear utility Energoatom and Canada’s Cameco Corporation have agreed the commercial terms for a major uranium supply contract. Cameco will provide sufficient volumes...
UAE, France and India agree energy co-operation
The United Arab Emirates (UAE), France and India have established a tripartite cooperation initiative in several areas and have drawn up a road map to implement it. In a phone call,...
Curtiss-Wright signs agreement with Schweitzer Engineering labs
US-based Curtiss-Wright Corporation and Schweitzer Engineering Laboratories (SEL) have signed a teaming agreement whereby Curtiss-Wright will serve as a channel to market SEL’s...
Dispute over Hanhikivi-1 set to rumble on
Fennovoima Oy’s decision to terminate the construction contract for the Hanhikivi-1 NPP in Finland has been declared unlawful by the Dispute Review Board, according to a statement...
China to cooperate with Gulf nations on nuclear energy
China plans to cooperate with Saudi Arabia and other Gulf countries in the fields of nuclear energy, nuclear security and space exploration, Chinese President Xi Jinping has said at...
X-energy joins forces with Ares to go public
X-energy Reactor Company, a developer of small modular reactors (SMRs) and fuel technology for clean energy generation, and Ares Acquisition Corporation (AAC), a publicly-traded...
UAE regulator approves operational plans to 2026
The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR) has approved its Operational Plan for 2023-2026, relating to its future blueprint for regulating...
Agreement signed on EDF’s acquisition of GE Steam Power’s nuclear activities
GE and EDF have signed the binding agreement related to EDF’s acquisition of GE Steam Power’s nuclear activities. These activities include the manufacturing of conventional...
Cameco and Brookfield Renewable to acquire Westinghouse
Cameco Corporation and Brookfield Renewable Partners, together with its institutional partners (the consortium), are forming a strategic partnership to acquire Westinghouse...
OPG and ČEZ collaborate on SMRs
Ontario Power Generation (OPG) and Czech power company ČEZ will collaborate to advance deployment of nuclear technology, including small modular reactors (SMRs), to produce electricity...
Hungary and Uzbekistan launch nuclear cooperation programme
Hungary and Uzbekistan are launching a comprehensive nuclear cooperation programme, Péter Szijjártó, Hungary’s Minister of Foreign Affairs and Trade announced after meeting his...
Brazil’s ENBPar and Rosatom sign MOU on green nuclear energy
Brazil’s Empresa Brasileira de Participações em Energia Nuclear e Binacional (ENBPar) and Russian state nuclear corporation Rosatom have signed a Memorandum of Understanding...
Iran becomes a major producer of radiopharmaceuticals
The Head of the Atomic Energy Organization of Iran (AEOI), Mohammad Eslami, has said that Iran has become one of the major producers of radiopharmaceuticals in the world...
Westinghouse signs more MOUs with Polish suppliers
Westinghouse Electric Company has signed Memoranda of Understanding (MOUs) with 22 companies in Poland. They were signed in the presence of the US Ambassador to Poland, Mark...
Westinghouse and Spain’s Enusa to collaborate on VVER-440 fuel
Westinghouse Electric Company and Enusa have announced that they intend to collaborate on VVER-440 fuel fabrication. Westinghouse said the partnership “will build on decades...
